Pepsi (PEP) Declares $0.7525 Quarterly Dividend; 2.7% Yield

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PepsiCo Declares Quarterly Dividend

July 14, 2016 4:30 PM EDT

PURCHASE, N.Y., July 14, 2016 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NYSE: PEP) today declared a quarterly dividend of $0.7525 per share of PepsiCo common stock, a 7.1 percent increase versus the comparable year-earlier period.  Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $3.01 per share from $2.81 per share, which began with the June 2016 payment. This dividend is payable on September 30, 2016 to shareholders of record at the close of business on September 2, 2016. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2016 marks the company's 44th consecutive annual dividend... More